By courtesy of Swan, Culbertson & Fritz Increased caution was witnessed on the Stock Exchange today, pending: further evaluation of domestic and foreign developments. The volume of business sharply declined but prices closed irregularly higher. News had very little influence on the market, but some quarters attribute today' caution to the statement of Mr. Henry L. Stimson, Secretary of War, that Britain may succumb to German invasion within a month. Main news included: Engineering News Record reporting heavy construction being 71 per cent ahead of the preceding "week and 89 per cent. above a year ago. However, carloadings have contra-seasonally declined. growing conviction that a quick German victory is not likely.
Text read from the printed page and cleaned; old type leaves the occasional error.